Despite facing strong headwinds in recent years, some segments of the consumer goods sector have achieved significant growth, a report by Renaissance Capital Research has shown. “It is clear that in the past couple of years the Nigerian consumer has faced severe headwinds, which have been reflected in the average […]
Capital Market
Bears Return to Nigeria’s Equities Market, Index Dip 1.15%
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The bears returned to the Nigeria’s equities market on Monday as all-share index (ASI) dipped 1.15 percent to close at 33,875.26 points, while market capitalisation lost N57.29 billion to close at N11.18 trillion. Cordros in its report said the trend is as a result of […]
Flour Mills Divests from UNICEM
Nov 17, 2014/NSE According to the Company, the transaction, comprising the sale of shares and the repayment of loans is structured in two tranches – with first tranche payable during first quarter 2015 and the second tranche due no later than 29th February, 2016 – and will generate a total […]
